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Longman Dictionary English

From Longman Business Dictionarytier 1 equityˌtier ˈ1 ˌequity [uncountable]FINANCE shareholders’ equity in a bank. By law, banks must have a minimum amount of tier 1 equity in relation to other forms of capitalThe bank currently has $8.894 billion in core equity capital, giving it a 4.08% tier 1 equity capital ratio. → equity
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Word of day

May 12, 2025

microscope
noun ˈmaɪkrəskəʊp
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